The Wu-Tang Clan first broke into the hip-hop scene in the early ‘90s with their smash hit, C.R.E.A.M. - a song title based on an acronym that stands for “cash rules everything around me.” A new generation of Wu-Tang, and son of deceased founding member Ol’ Dirty Bastard, may want to re-do the track replacing “cash” with ‘crypto.’
Young Dirty, whose real name is Bar-Son James, is the son of Wu-Tang Clan member Ol’ Dirty Bastard. Young Dirty is paying homage to his father with the launch of Dirty Coin, a new cryptocurrency that is being developed in partnership with Link Media Partners and Ol’ Dirty Bastard’s estate. The coin’s ticker symbol is appropriately listed as ODB.
The coin will be used to fund an upcoming Young Dirty album and allows fans to buy merchandise related to both Young and Ol’ Dirty, as well as provide access to live shows and much more.
Young Dirty explains: "If fans basically bought a Dirty Coin before the concert, they have a better chance of getting in, probably for the price of nothing. So it's a big opportunity for our fans.”
Young Dirty is a huge proponent of cryptocurrency and blockchain in general, saying on record that “Crypto is very big. The blockchain is one of the biggest inventions of our time. And I don’t want to be out of the party, I want to come in to the party.”
Dirty also believes that crypto and blockchain is a lucrative opportunity for other artists and will help push adoption: "When other artists get involved, I think there's gonna be a chain reaction.”
The token will exist on the TAO blockchain and will be traded on the AltMarket exchange when the coin officially goes live later in 2018. Backers are calling its fundraising efforts an “initial artist offering” - the first of its kind.